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QuoteMedia Announces Partnership With Intrinsic Research Systems Inc.

PHOENIX, July 31, 2013 (GLOBE NEWSWIRE) -- QuoteMedia, Inc. (OTCQB:QMCI), a leading provider of market data and cloud-based applications, and Intrinsic Research Systems, Inc., a Mergent, Inc. company, are pleased to announce a new business partnership.

The partnership will make available for the first time QuoteMedia's real time, and delayed market data, including Quotestream Professional TM and Quotestream Mobile TM, QuoteMedia's companion streaming real-time desktop and wireless portfolio management solutions, to Intrinsic Research clients to complement Intrinsic's highly regarded research capabilities for equity, company, economic, sector/industry, ETF and fixed income analytics. In return, QuoteMedia will also make available to its clients the Intrinsic Research analytics, data, content and displays.

"We plan to quickly integrate the QuoteMedia content into the Intrinsic Research Systems' flagship desktop application, and also offer to our clients a co-branded separate real-time quote system," said Dave Hargett, Managing Director of Intrinsic Research Systems. "We chose QuoteMedia as a partner in this venture because of their outstanding reputation for delivering high quality, real time market data through their own software and database applications, and because of their commitment to exceptional customer service throughout this process."

"We are very pleased to partner with Intrinsic Research Systems in developing these unique solutions," said Dave Shworan, CEO of QuoteMedia Ltd. "We are grateful that they have chosen QuoteMedia's offerings for their significant and rapidly growing customer base. Additionally, Intrinsic Research Systems applications are a great complement to our existing offerings, providing our clients with a visually revealing and easy to use decision making toolset designed for advanced security, portfolio, industry, sector, and economic analysis."

About Intrinsic Research Systems

Designed to continue the evolution of investment research analytics, Intrinsic Research Systems' suite of desktop research products has been created for investment managers seeking an intuitive and comprehensive approach to original equity and fixed income research and decision making. Intrinsic Research solutions have been built from the ground up, using today's technology, for a rich user experience that is unmatched by any other service. Likewise, Intrinsic's integrated central database of company, sector, industry, issue and economic data has been specially constructed to provide analysts and portfolio managers with access to the key components driving equity and fixed income performance in a single, consolidated package. Intrinsic Research is a subsidiary of Mergent, Inc. To learn more, visit www.intrinsic-research.com